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Open
4 Sep 2024
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Close
6 Sep 2024
3
Allotment
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Listing
Wed, Sep 11, 2024
Price Band
₹214 to ₹225
Issue Size
55,68,000 shares (agg. up to ₹125 Cr)
Lot Size
600 Shares
Listing Date
Wed, Sep 11, 2024
Latest GMP
₹145
Est. Gain
64.44%
✦ AI Insight
GMP Trend
11-09-2024₹145Est. ₹370+64.44%
10-09-2024₹145Est. ₹370+64.44%
09-09-2024₹185Est. ₹410+82.22%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 137.14x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 101.34 | 57.73 | 40.49 |
| Total Income | 238.99 | 141.94 | 23.84 |
| Profit After Tax | 26.18 | 8.81 | -2.61 |
| NET Worth | 49.57 | 22.38 | 13.58 |
| Reserves and Surplus | 30.76 | 22.33 | 13.53 |
| Total Borrowing | 12.33 | 9.89 | 5.10 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| E Factor Experiences Ltd. | SME | ₹25.92 Cr | ₹75 | 9.59 | ₹120.75 | ₹160.35 () |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 33.26 |
| 2 | General Corporate Purpose | 12.52 |
About Mach Conferences IPO
Mach Conferences and Events Limited was founded in 2004 and offers a comprehensive range of customized services for the MICE (Meetings, Incentives, Conferences, Exhibitions) and events sector. The company specializes in conference management, exhibition management and global event planning. The company also takes care of all logistical aspects of events at specific destinations. This includes venue selection, accommodation, transportation logistics, local activities and on-site coordination. The company's clients come from the banking, finance, and insurance sectors. The company has also worked for various industries including hospitality, infrastructure, FMCG, etc. In the last financial years i.e. 2023-24, the company has conducted 90 events including London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, Singapore, etc. The average revenue for conducting such events in FY 2023-24 was Rs. 263.62 lakhs per event. The company is present with co-working spaces in more than 18 states and union territories including Delhi, Maharashtra, Kolkata, Assam, Tamil Nadu, Jammu & Kashmir, Himachal Pradesh, Goa, Rajasthan etc. As of March 31, 2024, the company had a total of 55 employe
Contact Details
Mach Conferences & Events Ltd. AddressOffice No-4, 2nd/Floor, Master Space, Plot No-27Kh/Mustatil No.-154, Killa No-19/2, Uggarsain ParkNajafgarh Street No 2, NajafgarhNew Delhi, New Delhi, 110043+91 120 4747000compliance@machconferences.comVisit Website